Morgans Hotel Group Co.
MHGC
MHGC was delisted on the 30th of November, 2016.
85 hedge funds and large institutions have $162M invested in Morgans Hotel Group Co. in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
5% more funds holding
Funds holding: 81 → 85 (+4)
3% less capital invested
Capital invested by funds: $167M → $162M (-$5.81M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
84% less call options, than puts
Call options by funds: $16K | Put options by funds: $99K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$3.03M |
| 2 |
First Eagle Investment Management
New York
|
+$1.14M |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$650K |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$451K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$2.76M |
| 2 |
Millennium Management
New York
|
-$2.13M |
| 3 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
-$1.12M |
| 4 |
Renaissance Technologies
New York
|
-$875K |
| 5 |
Citigroup
New York
|
-$720K |
MHGC Hedge Fund Activity: Q2 2014 in Review
85 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Morgans Hotel Group Co. (MHGC) for Q2 2014, worth a combined $162M — down 3.5% from $167M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MHGC positions and 4 closed out — a net gain of 4 holders — while 32 added to existing stakes and 28 trimmed.
The largest buyer was Pine River Capital Management, adding an estimated $3.03M. The largest seller was Kerrisdale Advisers, cutting an estimated $2.76M.
- 85 institutional investors held Morgans Hotel Group Co. (MHGC) as of Q2 2014, up from 81 in Q1 2014.
- Funds reported $162M of Morgans Hotel Group Co. stock for Q2 2014, down 3.5% quarter-over-quarter.
- 8 funds opened new Morgans Hotel Group Co. positions in Q2 2014 and 4 closed out, a net change of +4 holders.
- The largest Morgans Hotel Group Co. buyer in Q2 2014 was Pine River Capital Management, an estimated $3.03M added.
- The largest Morgans Hotel Group Co. seller in Q2 2014 was Kerrisdale Advisers, an estimated $2.76M sold.
Based on aggregated 13F filings for Q2 2014.